The UN has lowered its global growth forecast to 2.5% for 2026, warning that Middle East tensions are fueling inflation, disrupting supply chains, and weighing on economic activity worldwide. Inflation is expected to rise across both developed and emerging markets, while growth outlooks have been cut for most major economies.

OECD Secretary General Mathias Cormann stated that the ongoing Middle East conflict is worsening global economic risks, exerting downward pressure on growth and upward pressure on…

NEW YORK: The UN on Tuesday warned that the Iran war has dealt a fresh blow to the global economy, dragging down growth forecasts, reviving inflationary pressures and threatening…

Responding to Middle East crises and rising oil prices, the United Nations has lowered its forecast for global economic growth.